Second-Generation Fiscal Rules : Balancing Simplicity, Flexibility, and Enforceability /

Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new ones with a view to enhancing the credibility of fiscal policy and providing a medium-term anchor. Enforcement and monitoring mechanisms hav...

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Bibliographic Details
Main Author: Eyraud, Luc
Other Authors: Debrun, Xavier, Hodge, Andrew, Lledo, Victor
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:Staff Discussion Notes; Staff Discussion Notes ; No. 2018/004
Online Access:Full text available on IMF